ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 0.2388 is certain.
Caution: A possible reversal of the trend in the direction of support at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.2369604 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.2388 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2435 |
| 2nd High | 0.2394 |
| Next High | 0.2388 |
| Current Price | 0.236900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.2388 – 0.2394 – 0.2381 – 0.2298 – 0.228 – 0.237 —
0.233500000 – 0.236900000 —
34.349389192924 – 41.430596207819 —
– —
0.2388 – 1780200000